you should be able to get that price on the new diesel e350 when it comes out next month (?)....it will have a higher residual than the gas car and it will be the lowest price E. Of course it depends on your credit rating, how you want the car equipped, and of course which e.

This was the best deal I could find. Most dealers are not willing to give the buy rate Money Factor, but these guys were.

Only thing I am worried about is the allotted miles. I know I will go over, but a friend told me to never pre pay upfront for miles. Hopefully with the deal that I got, I won't be upside on what I owe versus what the car is worth at the end of the lease. I normally sell my leases at the end, but this is my first MBZ, so I'm not sure what to expect.

I apologize for my delayed reply. The first deal I had the internet sales manager never called me back. I actually sent her four emails and left two voice mail messages. Business must be good. Fortunately, I was able to secure another vehicle from a different dealer and here is the deal I got.

Can some one please give me the money factor on 2014 E350 Sedan.My dealer quoted me money factor of .00161 and MSRP is 61k, negotiated to 54k and for 10k miles per year, with 5K down, it's 516$ per month,

Can some one kindly let me know if it's a good deal and if the money factor is right?

instead of putting that $5K down, use it to make multiple security deposits. You can make up to 7 (approx $4200) that you are loaning mercedes for the life of the lease. In return, they will reduce your money factor by .00049...so your interest rate drops. Your monthly payment will go up, because you didn't make the capital cost reduction, but remember you will get the $4200 back. Add up all the payments for the entire lease and you'll find that over that lease, you saved over $1000. The hard thing to get over is that your monthly payments will be higher (because you didn't put money down)...but you are saving money. There is no trick here...and it's part of the standard mercedes lease, although many dealers don't know about it, others don't understand it, and still others say it's too little money to worry about. It's not....just add up all the checks you will write under both cases (with and without Multiple security deposits).

Finally, make sure you get mercedes basic service included in the lease negotiations (not some "better" policy offered by your dealer. Why?? Because it is treated as a feature.....that is you don' t pay the whole amount, you only pay as if it's a feature. E.G. if you have a lease with a 70% residual and the maintenance package for your lease mileage is $1000, you will actually only pay 30% of that $1000, or $300 for the service. It's a great deal but you have to know what to ask for.

54K sounds reasonable...I've was offered 10% off MSRP on any e class last week without negotiating very hard.

Please see the deal I just structured and am very pleased with. The money factor on the same lease was .00164 which is the buy rate - there is no mark-up. So, it appears your rate is lower and while I did not do the math, might include the discount for auto pay.

I am not sure about multiple down payments and it does appear interesting, but in my opinion, I would you never want to loan someone such a large amount of money when they are not compensating you. The opportunity cost is too big for me but that's just my opinion.

I can tell you that your 11.6% discount can be improved upon significantly, and really without too much effort on your part. I was actually in the same position as you and asked another dealer if they could do any better and they came back with a 17% discount. I did not put any money down either.

Further, I am against putting any money down on a vehicle in the event of a total loss or theft you can not get your down payment back.

Multiple security deposits save you way more than most investments pay, so it is a no brainier to do them if you have the cash. You get the money back at the end of the lease too. Just google Multiple Security deposits.